SEBI Probing Ola Electric Over Discrepancies In Feb Sales Data

Sources said that SEBI is also reviewing Ola Electric’s clarifications regarding the February sales data as well past filings for any potential discrepancies

The market regulator assessing whether investors were “shortchanged” due to any misleading or inaccurate disclosures made by the company

Ola Electric had claimed that it sold over 25,000 electric two-wheelers in February while VAHAN portal showed only about 8,600 registrations for the same period

The Securities and Exchange Board of India (SEBI) is…